Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$146,072$146,072$377,999
Remaining term (yrs)19.319.330.0
Secondary amount$0$231,927$0
Funding fee$730$730$0
Note rate3.870%3.870%7.320%
Blended rate3.870%6.251%7.560%
1st payment$890.09$890.09$2,596.59
2nd payment$0.00$1,497.86$0.00
Taxes / mo$153.58$153.58$153.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.60
HOA / mo$0.00$0.00$0.00
Total monthly$1,193.67$2,691.53$2,975.77
Cash to close$273,927$42,000$42,000